This is one of the very first spy shot of the all-new 2011 Hyundai Veloster coupe, which is scheduled to go on sale in late 2010 or early 2011 and is expected to replace the Tiburon coupe.

Inspired by the two-door Veloster concept car from the 2007 Seoul auto show, the production-ready Veloster coupe packs attractive exterior body style with slopping roof-line, short front and rear overhangs. The production car will also retain the Saab-style wrap around windscreen. Clearly visible on the test car are the suicide doors previewed on the concept which mimic those on the MINI Clubman. According to John Krafcik, the CEO of Hyundai Motor America, the production-ready model will look 70-80% like the Veloster concept and will sport a surprise bodystyle feature that has never before been seen in the small car segment.

Codenamed FS, the all-new Hyundai Veloster coupe is tipped to feature a host of new powertrain technologies under the hood, including a turbocharged four-cylinder engine with gasoline direct injection (GDI) technology and dual-clutch automatic transmission. The showroom-ready Hyundai Veloster will be powered by 1.6L four-cylinder GDI engine that churns out an impressive 140+ horsepower. The entry-level powerplant is expected to achieve over 40 mpg. Another engine option, which is also rumoured to appear under the hood of new Hyundai Veloster, is a 175-hp turbocharged 1.6L gasoline engine and is likely be paired with Hyundai’s new dual-clutch automatic transmission.

If you are wishing for a cheaper Korean alternative to the VW Scirocco, your wish might just come true not far from now!

I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.